Technip Energies invests in Verso Energy's DEZiR eSAF project in Rouen
MWN-AI** Summary
Technip Energies has made a significant move by acquiring a minority equity stake in Verso Energy's DEZiR project, a groundbreaking synthetic aviation fuel (eSAF) plant situated in Rouen, France. This investment highlights Technip Energies' commitment to advancing green technologies and sustainable initiatives, aligning with France’s 2030 program and the European Innovation Fund's goals. A key aspect of the DEZiR project is the integration of Technip Energies' carbon capture technology, Canopy by T.ENTM, which utilizes Shell CANSOLV to capture biogenic CO2 from neighboring industries for eSAF production.
The project’s Front-End Engineering Design (FEED) is being handled by Rely, a joint venture between Technip Energies and John Cockerill, which emphasizes standardization and replicability. This collaborative approach aims to set DEZiR as a model for future eSAF plants in France and beyond. Upon its expected completion around 2030, the facility is projected to produce 80,000 tons annually of decarbonized aviation fuel, thus enhancing France's energy sovereignty and supporting European climate initiatives.
Verso Energy's CEO, Xavier Caitucoli, expressed pride in Technip Energies' involvement, stating that it confirms the project’s adherence to high technical and financial standards. Verso Energy is actively developing a comprehensive portfolio of seven eSAF plants across France, Finland, and the United States, aiming to replicate the Rouen model for cost reduction and accelerated market entry.
Technip Energies' CEO, Arnaud Pieton, noted that the DEZiR project is among the most advanced in Europe, reflecting their strategy to create affordable and replicable projects. Both companies are poised to lead the charge in decarbonizing the aviation sector, contributing to the broader climate goals of the region.
MWN-AI** Analysis
Technip Energies' recent investment in Verso Energy’s DEZiR project signifies a strategic move in the burgeoning synthetic aviation fuel (eSAF) sector, aligning with wider European decarbonization goals. This partnership not only underscores Technip’s commitment to sustainable energy but also positions the company at the forefront of a rapidly evolving market.
The DEZiR plant in Rouen is expected to produce 80,000 tons of decarbonized aviation fuel annually by 2030, contributing significantly to France's energy sovereignty while adhering to stringent climate objectives. The involvement of Technip’s carbon capture technology, Canopy by T.ENTM, reflects a robust approach to integrating renewable solutions. This project has received strong backing from initiatives like France 2030 and the European Innovation Fund, which reinforces its credibility and presents potential for financial support.
Investor outlook should consider the increasing global emphasis on sustainability, particularly in hard-to-abate sectors like aviation. As airlines seek alternatives to conventional fuels, the demand for eSAF is set to rise sharply. Technip's engagement in such an advanced project positions it well for growth within this niche market, particularly as they standardize processes for scalability, which could lead to cost reduction and faster deployment of future plants.
Moreover, Technip’s strong financial position—with reported revenues of €7.2 billion—enables it to absorb the initial investment risks associated with the DEZiR project. Analysts may view this as an opportune moment to invest in Technip Energies, particularly if the eSAF market gains traction as anticipated. As the aviation industry evolves, Technip’s strategic innovations could serve as a benchmark, driving further investments and collaborative projects across Europe and beyond. Thus, investors should keep an eye on Technip Energies' developments in this space for potential growth opportunities.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Technip Energies (PARIS: TE) has signed an agreement with Verso Energy to acquire a minority equity stake in the DEZiR project, a synthetic aviation fuel (“eSAF”) plant located in Rouen, France. This investment demonstrates Technip Energies’ support for this major industrial initiative, which has been selected under the France 2030 program and the European Innovation Fund.
Technip Energies will contribute to the DEZiR project through the implementation of its carbon capture solution, Canopy by T.ENTM powered by Shell CANSOLV, to capture biogenic CO2 from nearby industries and enable the utilization of this CO2 for eSAF production. In addition, Rely – Technip Energies’ joint venture with John Cockerill dedicated to Power-to-X solutions – is carrying out the project’s Front-End Engineering Design (FEED).
Verso Energy and Rely share a common ambition for standardization and replicability, with the objective of making DEZiR a benchmark for the future deployment of eSAF plants in France and abroad.
In November 2025, Verso Energy and Rely signed the first FEED contract for the Rouen eSAF plant. Once operational by around 2030, the facility is expected to produce 80,000 tons per year of decarbonized aviation fuel, helping strengthen France’s energy sovereignty while supporting French and European climate objectives.
Furthermore, in a dedicated collaboration agreement with Rely, Verso Energy contributes its entire eSAF development portfolio, comprising seven synthetic aviation fuel plants based in Rouen, Épinal, Saillat-sur-Vienne and Tartas in France, Oulu and Tornio in Finland, and in Jesup, Georgia in the United States. This with the aim to leverage the replicability of the first plant to the maximum extent, reducing costs and accelerating the time to market for the eSAF.
Arnaud Pieton, Chief Executive Officer of Technip Energies, commented: “We are pleased to engage alongside Verso Energy in the DEZiR project. Through this investment, Technip Energies aims to support the development of a European e-fuels value chain to decarbonize aviation. With FEED underway, DEZiR is one of the most advanced eSAF projects in Europe. It also illustrates our approach to designing standardized and replicable projects to improve affordability and accelerate deployment.”
Xavier Caitucoli, President and co-founder of Verso Energy: "We are very proud that Technip Energies has acquired a stake in DEZiR. This is a positive signal from one of the world’s leaders in major industrial projects. Their commitment demonstrates that the project meets the highest technical and financial standards and confirms Verso's ability to develop and deliver state-of-the-art infrastructure, including France's first eSAF plant by 2030."
About Technip Energies
Technip Energies is a global technology and engineering powerhouse. With leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, we are contributing to the development of critical markets such as energy, energy derivatives, decarbonization, and circularity. Our complementary business segments, Technology, Products and Services (TPS) and Project Delivery, turn innovation into scalable and industrial reality.
Through collaboration and excellence in execution, our 18,000+ employees across 35 countries are fully committed to bridging prosperity with sustainability for a world designed to last.
Technip Energies generated revenues of €7.2 billion in 2025 and is listed on Euronext Paris. The Company also has American Depositary Receipts trading over the counter.
For further information: www.ten.com
About Verso Energy
As an integrated energy company and pioneer, Verso Energy is accelerating the decarbonization of hard-to-abate sectors such as industry, aviation, and maritime transport by producing next-generation low-carbon molecules.
With 2 GW of renewable energy projects underway and flagship initiatives like CarlHYng — Europe’s first green steel project — Verso Energy is driving breakthrough innovation. The company is also spearheading the development of eight e-fuel production plants across France, Finland, and the United States, reinforcing its position as one of Europe’s leading forces in synthetic fuels. By combining scale, technology, and vision, Verso Energy is committed to powering a carbon-free future.
Contacts
Technip Energies
Investor Relations
Phillip Lindsay
Vice-President Investor Relations
Tel: +44 207 585 5051
Email: Phillip Lindsay
Media Relations
Jason Hyonne
Press Relations & Social Media Manager
Tel: +33 1 47 78 22 89
Email: Jason Hyonne
Verso Energy
Stéphanie Lefebvre-Oustry
Press Relations Manager
slefebvre@aromates.fr
Mobile: +33 6 11 47 48 83
Attachments
- Technip Energies - Verso Energy
- Technip Energies invests in Verso Energy’s DEZiR eSAF project in Rouen
FAQ**
How does the investment in the DEZiR project by Technip Energies THNPF align with the company's strategic goals for sustainability and decarbonization in the aviation sector?
What financial implications or potential returns might Technip Energies THNPF expect from acquiring a minority stake in the DEZiR eSAF plant?
Could you elaborate on the specific technologies and processes Technip Energies THNPF will be implementing through the Canopy by T.ENTM solution in the DEZiR project?
How does Technip Energies THNPF plan to leverage the replicability of the DEZiR eSAF project in future developments across Europe and beyond?
**MWN-AI FAQ is based on asking OpenAI questions about Technip Energies (OTC: THNPF).
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